The Board of Directors also authorized, and the Company has declared, a regular quarterly cash dividend of $0.50 per share of beneficial interest
of the Company's 8.0% Series B Cumulative Redeemable Perpetual Preferred Stock.
Council investigators stated: "Councillor Rouf has stated that the inaccuracy was as a result of his misunderstanding of the definition of Beneficial Interest
in this context."
Accordingly, every Public Limited Company will have to file records of such beneficial interest
in the share, warrant or any other interest along with the personal details of the individual concerned with the Registrar of Companies annually along with the annual returns of the company.
Besides, in his concise statement, the respondent had clearly stated that he had no beneficial interest
in the trust arrangement, but in a May 5, 2011 trust deed placed before the court by Mr Tareen himself, he was the 'discretionary lifetime beneficiary' along with his spouse.
He provided definitions of beneficial interest
from various books, including Black's Law Dictionary and the references of the Indian and Privy Council courts.
Fourth quarter adjusted earnings are projected to range between $1.13 and $1.23, which excludes a charge of about 2 cents to reduce the beneficial interest
asset and any future data-breach related expenses.
"In the event of holding/obtaining Access spectrum, no licensee or its promoter(s) directly or indirectly shall have any beneficial interest
in another licensee company holding 'Access Spectrum' in the same service area," say the new Unified Licence (UL) rules announced by the Department of Telecommunications.
The completion of the transaction would give IP Group and its managed funds a combined 17.6% beneficial interest
in Tissue Regenix.
Modification of the governing instrument of an exempt trust by judicial or non-judicial reformation, that is valid under state law will not cause an exempt trust to be subject to transfer tax provisions if (1) the modification does not shift a beneficial interest
in the trust to any beneficiary who occupies a lower generation than the person or persons who held the beneficial interest
prior to the modification, and (2) the modification does not extend the time for vesting of any beneficial interest
in the trust beyond the period provided in the original trust.
Typically, the beneficial interests
in the family compound trust are divided into classes representing the separate family groups, with each family group owning certificates of beneficial interest
, or CBIs, which are similar to shares of stock in a corporation.
- The Backreef-1 well was drilled to at least 1500m by 31 October 2010 and accordingly a 100% beneficial interest
in the Backreef Area, Canning Basin, Western Australia has been earned.
Banks and other financial institutions often have substantial holdings of such financial instruments as a result of the widespread practice of loan securitization, in which the owner of a portfolio of loans receivable issues securities that give the security holders a beneficial interest
in the loans, that is, the right to receive principal and/or interest collected on the loans.